Beware of "JSE Investment" scams

The JSE Limited/ Johannesburg Stock Exchange (JSE) is aware of a several scams (on Telegram and WhatsApp) posing as authorised JSE investment schemes and/or using the names(s) of JSE Executives (including our CEO, Leila Fourie).

In these investment scams, potential investors are urged to deposit money into a bank account and promised quick and guaranteed returns on their investment. These types of groups are not authorised by the JSE and the investments referred to are not authorised or endorsed by the JSE or any members of the JSE Executive. The JSE does not recruit investors in this manner.

The only way to invest on the JSE is via an authorised JSE stockbroker. A list of stockbrokers can be found on www.jse.co.za and then click on 'find a stockbroker' and you will find a list of stockbrokers in your area who will help you to open an account and you can begin your investment journey with the JSE.

Should you suspect a false investment scam group, please report these to the JSE at [email protected].

Quanto Futures are cash settled Derivatives in which the underlying traded product is denominated in a foreign currency that is settled in another domestic currency at a fixed exchange rate. These products appeal to market participants seeking foreign commodity exposure without the corresponding risk of adverse exchange rate fluctuations. The JSE’s wide range of Quanto Futures products reference energy products, metals and Soft Commodities.

Who should use this?

Investors will typically use Quanto Futures when they feel that the price of an asset will appreciate but that the currency in which the asset is denominated will depreciate relative to the investor’s domestic currency. Commodity investors and speculators hoping to make a profit on price movements in the Futures Contract price based on the foreign referenced commodity would do well to consider this product.

Features

  • Protects investors from rand-dollar exchange rate fluctuations allowing them to benefit directly to the dollar price performance of the underlying commodity.
  • Enables effective price risk management.
  • Enables identification of short- and long-term price and volatility patterns.
  • Gain exposure based on expectation of directional price, spread movement or volatility of the foreign commodity.
  • Easy access to the international commodity market with a contract traded in rands.
  • Given the fairly risky nature of commodities, investing in this product is not for everyone. It is better suited to more experienced investors.

How to get it

To access this product, register as a client with an authorised JSE member firm, deposit the required initial margin and sell or buy according to your needs.

Qualifying factors

  • No limits apply to individuals, foreigners or corporate entities.
  • Pension funds and long-term insurance companies are subject to their 25% foreign allocation limits.
  • Asset managers and registered collective investment schemes are subject to their 35% foreign allocation limits.
  • For all the details about qualifying factors, speak to your broker.